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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Office buildings
7183 Bch SW Dr Ocean Isle Beach, NC 28469-5634
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US53-1991558
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2009
Total area
5,656 SF
Lot
0.52 ac (22,651 SF)
Zoning code
CLD
APN
2423B002
UPID
US53-1991558
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$815k
Blend (final)
Blend
$765k
Owner & transaction history
Skylla LLC · 12 yrs held
Skylla LLC
since 2014
5 recorded transactions
Zoning & alternative use
CLD · Ocean Isle Beach, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ocean Isle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ocean Isle Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,080,000
Current use
AUTO REPAIR, GARAGE
$980,000
Change: -9% · Conversion: Difficult
WAREHOUSE, STORAGE
$920,000
Change: -15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$885,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$765k
Range $689k – $842k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$135 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$706,260
Assessed 2023
Previous assessed
$653,800
+8.0% YoY
Assessed land
$180,540
Assessed improvement
$525,720
Land market value
$180,540
Improvement market value
$525,720
Total market value
$706,260
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2009
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Bathrooms
4
Total area
5,656 SF
Lot
0.52 ac (22,651 SF)
Zoning code
CLD
APN
2423B002
UPID
US53-1991558
Jurisdiction
BRUNSWICK
Zoning & alternative use
CLD · Ocean Isle Beach, NC
Zoning CLD · permitted uses
CLD · Ocean Isle Beach, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ocean Isle Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$980,000
WAREHOUSE, STORAGE
Est. value
$920,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$885,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
4
Lot
0.52 ac
Current owner
From public records · entity-resolved
Skylla LLC
Entity
Mailing address
1780 QUEEN ANNE UNIT #1, SUNSET BEACH, NC 28468-4394
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2021
—
Skylla LLC
—
Deed
related
$239,000 · First Bank
Jun 26, 2014
$326,000
Skylla LLC
Lsb Properties INC
Special Warranty Deed
$285,000 · First Community Bank
Dec 11, 2013
—
Lsb Properties INC
Hurst,randal W & Roberta A
Deed In Lieu Of Foreclosure
related
—
Jul 1, 2009
—
Randal W Hurst
Owner Name Unavailable
Warranty Deed
related
—
May 21, 2008
—
Randal W Hurst
—
Trustees Deed
related
$6,590 · Security Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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